Average Rent in 89123, Paradise, NV

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Current Versus Historical 89123, Paradise, NV Rents

89123 rentals average $1,330 for a 1-bedroom rental to $3,050 for a 4-bedroom rental. The median price of all currently available listings is $1,850, or roughly $16 per square feet.
For the apartment units and housing in June 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $1,400 to $1,400. 1-bedroom rentals prices have increased by $55 (4.04%) year-over-year from $1,363 to $1,418. 2-bedroom rentals prices have decreased by $81 (-4.96%) year-over-year from $1,631 to $1,550. 3-bedroom rentals prices have decreased by $98 (-4.65%) year-over-year from $2,098 to $2,000. 4-bedroom rentals prices have increased by $398 (15.44%) year-over-year from $2,575 to $2,973. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone up by 4.22% this month. 2-bedroom rents have gone down by 2.97% this month. 3-bedroom rents have gone up by 1.82% this month. 4-bedroom rents have gone down by 7.28% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $19.39 $1,418 $1,363 (4.04%) $1,349 (5.06%)
2 BR $16.36 $1,550 $1,631 (-4.96%) $1,646 (-5.80%)
3 BR $15.68 $2,000 $2,098 (-4.65%) $1,963 (1.87%)
4+ BR $14.09 $2,973 $2,575 (15.44%) $2,532 (17.41%)

Historical Rents in 89123, Paradise, NV

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 89123

There are a total of 10 cities nearby 89123. The average rent in 89123 is currently $2,011 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Sunrise Manor, NV, with an average rent of $1,338, is the most affordable city nearby. In contrast, the most expensive city near 89123, Paradise, NV is Summerlin South, NV. Monthly rents here are on average $2,850 per month.

Let's compare 89123, Paradise, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 4.32% more expensive. Two bedrooms in 89123, Paradise, NV are about 1.11% more affordable. Finally, rent for three bedrooms are about 2.06% more affordable. Want more information? Check out the top 10 cities near 89123, Paradise, NV in the following table.
City Studio 1 Bed 2 Bed All
Sunrise Manor, NV $895 $995 $1,190 $1,338
Paradise, NV $2,150 $1,295 $1,549 $1,757
Whitney, NV N/A $1,173 $1,450 $1,798
Spring Valley, NV N/A $1,250 $1,475 $1,950
Winchester, NV N/A $1,560 $1,899 $1,998
North Las Vegas, NV N/A $875 $1,590 $2,025
Las Vegas, NV $1,415 $1,150 $1,595 $2,100
Enterprise, NV N/A $1,450 $1,725 $2,250
Henderson, NV $1,350 $1,400 $1,875 $2,300
Summerlin South, NV N/A $1,600 $2,500 $2,850

Top Neighborhoods Near 89123

There are a total of 13 neighborhoods in or near 89123. Some of these neighborhoods include Downtown Las Vegas, Rancho Viejo, and Green Valley South. We've included all of these top 13 neighborhoods in or near 89123, Paradise, NV in the following table.

The average rent for these 13 neighborhoods in or near 89123, Paradise, NV is currently around $1,995 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only eleven neighborhoods have a higher average rent than $1,995. Interestingly, the neighborhoods' average rent is higher than 89123's average rent, which is only $1,850. Out of all the neighborhoods in or near 89123, Downtown Las Vegas has the most affordable average rent at $1,550 per month. Whereas, at $2,475 average rent per month, Southern Highlands is the most expensive neighborhood in or near 89123. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Downtown Las Vegas, Las Vegas, NV $1,825 $1,100 $1,448 $1,550
Rancho Viejo, Spring Valley, NV N/A $1,220 $1,423 $1,838
Green Valley South, Henderson, NV N/A $1,395 $1,745 $1,890
Gibson Springs, Henderson, NV N/A $1,200 $1,575 $1,895
Silverado Ranch, Paradise, NV N/A $1,250 $1,640 $1,900
The Strip, Paradise, NV $2,050 $1,695 $1,995 $1,900
Winchester, NV N/A $1,560 $1,975 $1,995
Mountain Edge, Enterprise, NV N/A N/A $1,800 $2,225
Rhodes Ranch, Spring Valley, NV N/A $1,225 $1,525 $2,250
Green Valley North, Henderson, NV N/A $1,238 $1,750 $2,395
Mira Villas, Las Vegas, NV N/A $1,400 $1,995 $2,400
Highlands Ranch, Enterprise, NV N/A N/A N/A $2,450
Southern Highlands, Enterprise, NV N/A N/A $2,099 $2,475

Top Counties Near 89123

There are a total of 1 counties located by 89123, Paradise, NV. One county in the area is Clark, NV. The average rent for rentals in these counties is $2,099. That's roughly around $16 per sqft. The county that is the most affordable is Clark, NV. Its average rent per month is $2,099. Vice versa, with an average rent of $2,099, Clark, NV is the most expensive county by 89123, Paradise, NV.

In comparison, rent for one bedroom listings in 89123, Paradise, NV is 6.02% more expensive than other counties nearby. Finally, rent for two bedrooms in 89123, Paradise, NV is 1.59% more expensive than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Clark, NV $1,408 $1,250 $1,550 $2,099

Top Zipcodes Near 89123

There are a total of 42 zipcodes in or near 89123, Paradise, NV. The average rent for all of these zipcodes is $2,049. A total of 11 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 89101, Las Vegas, NV at $1,275 per month. In comparison, the zipcode with the most expensive average rent of $3,000 per month is 89138, Las Vegas, NV.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 89123, Paradise, NV is $1,188 per month. Or in other words, $20 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,629 per month. Which comes out to $17 per sqft. The following table includes the top 10 zipcodes in 89123, Paradise, NV. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
89074, Henderson, NV N/A $1,395 $1,745 $2,100
89183, Paradise, NV N/A $1,250 $1,640 $2,000
89113, Spring Valley, NV N/A $1,250 $1,495 $2,200
89139, Enterprise, NV N/A $1,825 $2,250 $2,180
89052, Henderson, NV N/A $1,900 $1,995 $2,395
89103, Paradise, NV $2,650 $1,225 $1,485 $1,500
89141, Enterprise, NV N/A N/A $2,099 $2,550
89011, Henderson, NV $1,395 $1,638 $1,995 $2,210
89119, Paradise, NV $895 $1,013 $1,300 $1,300
89148, Clark County, NV N/A N/A $1,552 $2,263

Frequently Asked Questions - 89123 Average Rents

What is the average rent price in 89123, Paradise, NV?
The average monthly rental price for 89123, Paradise, NV apartments for rent is approximately $1,850. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 89123, Paradise, NV rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 89123, Paradise, NV.
How much is a one bedroom apartment in 89123, Paradise, NV?
The average monthly rental price for one bedroom apartments is $1,330 and an average price per square feet of $19.39. There are a total of 18 one bedroom apartment listings currently available for rent in 89123.
How much is a two bedroom apartment in 89123, Paradise, NV?
The average monthly rental price for two bedroom apartments is $1,575 and an average price per square feet of $16.36. There are a total of 59 two bedroom apartment listings currently available for rent in 89123.
How have rent prices in 89123, Paradise, NV changed this year?
Rent prices for rentals in 89123, Paradise, NV can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by -0.05%, three bedroom rental prices have changed by -0.05% year-over-year.
What is a reasonable rent price in 89123, Paradise, NV?
A reasonable rent price in 89123, Paradise, NV is around $1,480/month. You can search for these reasonably priced rental listings on RentHop.
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